So why should the voters about oil companies going bankrupt?Good for consumers bad for petroleum business.Oil went down to $10/bbl under Reagan. How is that bad for consumers?It happened during Reagan, my old Papa lost his shirt when Conoco folded after Reagan deregulated oil.My royalty payments have sucked since oil was under forty dollars a barrels for too long.All he is doing is helping out the capitalist pigs of the petroleum industry..
... And almost everyone with a Mutual Fund or a 401K.
.
Domestic producers just may pump themselves into bannkruptcy.
can you livestream the celebration you throw for your commie buddies when they do?
View attachment 502284
They have done it before and its no laughing matter. Why would you celebrate?
Because it drives the ppb up. Less production, higher costs.